United States - New Jersey

Operations

Group Functions

Your role

Are you interested in strategic market developments and supporting our businesses to leverage and adapt to them? Do you have a commercial mindset to efficiently manage a multi-million contra-revenue spend? Are you passionate about protecting the client franchise through applying the highest standards of risk management to third party service providers? Will you challenge and uphold best in class service from our providers?

UBS is looking for a Network & Market Infrastructure (NMI), Regional Head of Market Management to:

• lead a team of experienced market managers, experts in how the cross-product post trade landscape works in each jurisdiction, and to manage the provider network in region whilst seeking new opportunities and enabling business growth and development
• provide risk management of providers in accordance with UBS policy, Operations Risk framework and regulatory requirements
• take commercial ownership of all securities and cash product related spend, managing fee negotiations, cost avoidance and reduction, and working to develop unit cost transparency enabling accurate P&L forecasting
• maintain and manage service and relationships with providers (agents, market counterparties and market infrastructures), allowing a holistic view of relationships across all entities and products and extracting improved risk/service/innovation value
• actively manage relationships with business leads to understand their requirements, bring provider product development and business enablement opportunities to them and lead business interactions with the providers and deliver post trade market expertise across our bank through analyzing market and regulatory changes, syndicating current market activity, networking with peers and other banks to horizon scan for emerging opportunities and risks
• people management and development of a small team of experts to ensure good coverage of market knowledge and expertise,

Job Reference #

307171BR

City

Weehawken

Job Type

Full Time

Your team

In NMI we are responsible for managing our bank’s network of post trade provider relationships, including agent banks and financial market utilities (CSD, CCP) that UBS contracts to provide custody, clearing, payment and settlement services. NMI is responsible for Post Trade provider (PTP) governance, setting the provider strategy including digital assets, ongoing risk and service management, commercial management, account inventory maintenance, processing and reporting of fees, market intelligence, and adherence to regulatory requirements. This is a role with connectivity to all Business Divisions, Shared Services, Operations, and the external provider network. Your role will be based in our Weehawken, NJ. location.

Diversity helps us grow, together. That’s why we are committed to fostering and advancing diversity, equity, and inclusion. It strengthens our business and brings value to our clients.

Your expertise

• ideally 10+ years of extensive experience in post-trade banking operations, particularly in market facing roles, with experience across the post trade third party provider and infrastructure landscape
• experience meeting regulatory requirements, with depth of knowledge in key client asset protection rules in the region, e.g. SEC 15c33 in the US or CASS in the UK
• strong communication skills and a track record of credibly and independently leading and influencing a diverse group, and representing their function at a standalone region or global level
• history of delivering successful strategic transformation, from building a business case through to sponsoring and coordinating project delivery
• current knowledge of post trade trends and innovation, such as changes in the regulatory landscape including operational resilience, and the growth and development of digital asset classes and digital custody
• experience building and leading of successful teams, who contribute and collaborate as part of a global team environment, as well as experience developing individuals to reach their full potential
• strong operational management skills – risk management and remediation, process and control design and implementation, coordinating time and resources to multiple competing objectives

“At UBS, we appreciate our Veterans and are committed to providing opportunities in Financial Services.”

*LI-UBS
*UBS-MOGUL

About us

UBS is the world’s largest and the only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors..

We have a presence in all major financial centers in more than 50 countries.

Join us

At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.

From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we’re more than ourselves. Ready to be part of #teamUBS and make an impact?

Contact Details

UBS Business Solutions SA
UBS Recruiting

Disclaimer / Policy statements

UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.